2-bed · 1,699 sqftThe Address Residence Sky View 2, Downtown Dubai · 38th floor · completed 2019

3803, The Address Residence Sky View 2

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3803 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 3.5M9 February 2021
Current rentAED 415K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3803, The Address Residence Sky View 2

What is 3803 worth today?

Last sold for AED 3,500,000 in 2021

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1 Mar 2025RentedNew contract
AED 415,000/yr12 months · AED 244 per sqft
1 Mar 2025RentedNew contract
AED 415,000/yr12 months · AED 244 per sqft
1 Feb 2024RentedRenewal
AED 420,000/yr12 months · AED 247 per sqft
1 Feb 2023RentedNew contract
AED 420,000/yr12 months · AED 247 per sqft
25 Mar 2022RentedRenewal
AED 220,000/yr10 months · AED 129 per sqft
25 Mar 2021RentedNew contract
AED 220,000/yr12 months · AED 129 per sqft
9 Feb 2021SoldReady
AED 3,500,000AED 2,059 per sqft
2 Dec 2013Sold by developerOff-plan
AED 4,430,888AED 2,607 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed hotel apartment
Size
1,699 sqft
Floor
38th of 51
Parking
B3-38
Developer
Emaar
Completed
2019
Last sold
AED 3.5M · February 2021

About 3803, The Address Residence Sky View 2

3803 is a two-bedroom hotel apartment of 1,699 sqft on the 38th floor of The Address Residence Sky View 2, a 51-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 9 February 2021 for AED 3,500,000, or AED 2,059 per sqft, in line with the AED 2,000 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 March 2025, is AED 415,000 a year: a gross yield of 11.9% on the 2021 price.

Sales and rents for 3803 over time

Sales
Unit 3803, each saleTypical two-bed in The Address Residence Sky View 2
4M6M2013201720212025Typical sale price by year: 2013 AED 4,326,888; 2014 AED 4,783,850; 2015 AED 4,802,888; 2016 AED 4,149,995; 2018 AED 3,752,444; 2019 AED 4,930,888; 2020 AED 2,900,000; 2021 AED 4,450,000; 2022 AED 5,167,500; 2023 AED 5,950,000; 2024 AED 5,150,000; 2025 AED 5,600,000; 2026 AED 5,200,000Sold by developer, December 2013: AED 4,430,888 (AED 2,607 per sqft)Sold, February 2021: AED 3,500,000 (AED 2,059 per sqft)

3803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3803, each contractTypical two-bed in The Address Residence Sky View 2
200K400K2020202220242026Typical rent by year: 2020 AED 180,000; 2021 AED 245,000; 2022 AED 325,000; 2023 AED 400,000; 2024 AED 400,000; 2025 AED 415,000; 2026 AED 330,000New contract, March 2021: AED 220,000 a yearRenewal, March 2022: AED 220,000 a yearNew contract, February 2023: AED 420,000 a yearRenewal, February 2024: AED 420,000 a yearNew contract, March 2025: AED 415,000 a yearNew contract, March 2025: AED 415,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Address Residence Sky View 2, and where 3803 sits

All 82 2-beds →

3803 last sold in February 2021 at AED 2,059 per sqft, in line with what two-beds in The Address Residence Sky View 2 were fetching at the time (AED 2,000). Over the last 12 months two-beds sold for AED 4,400,000 to 7,200,000, around AED 3,501 per sqft, and rent for AED 251,788 to 450,000 a year. 3803's AED 415,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20264,400,000
25 Mar 20265,200,000
23 Jan 20267,200,000
25 Nov 20255,600,000
4 2-bed sales in the last 12 months

The Address Residence Sky View 2

Building

216 apartments, 1-bed to 5-bed over 51 floors in Downtown Dubai, completed in 2019 by Emaar. 11 sold in the last 12 months.

Typical price per sqft
AED 4,056 Down 11.1%
Typical sale
AED 8M
Typical rent
AED 408K /yr
Typical yield
5.1%
The Address Residence Sky View 2, Downtown Dubai: prices, sales and rents →
Value
38012-bedAED 4.85M · Jan 2025
38023-bedAED 5.45M · Nov 2013
38043-bedAED 7.5M · Aug 2022
38052-bedAED 6.6M · Aug 2022
38063-bedAED 5.45M · Jun 2016
38071-bedAED 3.2M · Dec 2022

3803, The Address Residence Sky View 2 in numbers

  • Sold twice: first on 2 December 2013 for AED 4,430,888, last on 9 February 2021 for AED 3,500,000 (AED 2,059 per sqft).
  • Rented since March 2021 on 6 Ejari contracts, from AED 220,000 to AED 415,000 a year.
  • At AED 415,000 a year the gross yield on the 2021 price is 11.9%.
  • Two-beds in The Address Residence Sky View 2 sold for AED 4,400,000–7,200,000 in the 12 months to November 2026; the building's median across all types is AED 4,056 per sqft.

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 3803, The Address Residence Sky View 2

What did unit 3803 last sell for?

AED 3,500,000 on 9 February 2021: AED 2,059 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 4,430,888 in December 2013.

What is the rent for unit 3803?

AED 415,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 415,000; the unit has been rented since March 2021.

How big is unit 3803?

1,699 sqft (157.8 sqm): a two-bedroom hotel apartment on the 38th floor of a 51-storey tower completed in 2019.

What is unit 3803 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address Residence Sky View 2 sold for AED 4,400,000 to 7,200,000 in the last 12 months, around AED 3,501 per sqft.

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Mortgage on 3803, The Address Residence Sky View 2

Starts from the last sale price (AED 3.5M, 9 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →